Solidion Technology Inc
For the period ended Dec 31, 2023. Filed Apr 12, 2024.
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FY2023 · Filed Apr 12, 2024
STI$4.16-1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets: | ||
| Cash | $19,979 | $545,655 |
| Prepaid expenses | 85,538 | 215,628 |
| Derivative asset | 28,245,500 | — |
| Total Current Assets | 28,351,017 | 761,283 |
| Cash and investments held in the Trust Account | 42,994,274 | 127,782,882 |
| Other assets | — | 35,870 |
| Total Assets | $71,345,291 | $128,580,035 |
| LIABILITIES AND STOCKHOLDERS’ (DEFICIT) | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses | $2,131,019 | $439,086 |
| Income taxes payable | 906,563 | 339,899 |
| Excise tax payable | 890,385 | — |
| Accrued offering costs | — | 5,000 |
| Funds allocated for share redemption | 17,834,235 | — |
| Derivative liabilities | 46,728,596 | — |
| Advances from Related Party | 332,500 | — |
| Advances from Target | 187,500 | — |
| Convertible note – Related Party | 905,000 | — |
| Convertible note payable – Sponsor | 1,297,500 | 125,341 |
| Total Current Liabilities | 71,213,298 | 909,326 |
| Deferred underwriting commission | 4,322,500 | 4,322,500 |
| Total liabilities | 75,535,798 | 5,231,826 |
| COMMITMENTS AND CONTINGENCIES | ||
| Class A common stock subject to possible redemption; 2,293,741 and 12,350,000 shares (at redemption value) | 24,342,743 | 127,242,983 |
| Stockholders’ Deficit: | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | — | — |
| Class A common stock, $0.0001 par value, 100,000,000 shares authorized, 123,500 issued and outstanding (excluding 2,293,741 and 12,350,000 shares subject to redemption as of December 31, 2023 and December 31, 2022, respectively) | 12 | 12 |
| Class B common stock, $0.0001 par value, 10,000,000 shares authorized, 3,087,500 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 308 | 308 |
| Additional paid-in capital | — | — |
| Accumulated deficit | (28,533,570) | (3,895,094) |
| Total Stockholders’ Deficit | (28,533,250) | (3,894,774) |
| Total Liabilities and Stockholders’ Deficit | $71,345,291 | $128,580,035 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.